search query: @indexterm consumer expenditure / total: 148
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| Author: | |
| Title: | Prospects for consumer spending to 2005 |
| Journal: | Consumer Goods UK
1998 : MAY, 483, p. 9-32 |
| Index terms: | MARKET SURVEYS MARKET FORECASTING CONSUMER EXPENDITURE UNITED KINGDOM |
| Language: | eng |
| Abstract: | In 1997 private consumption was the main engine behind economic activity. Consumers' expenditure rose by around 4.6% last year after rising by 3.6% in 1996. Durable goods spending growth continued to outspace that for non-durable goods and services. Consumer spending is set to continue to support activity in 1998. Private consumption is forecast to rise by 3.7% in 1998 and by 2.2% in 1999. Medium term growth will remain healthy but significantly lower than during the 1980s boom. |
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